Holly Kim, a treasurer in Lake County, Illinois, has reportedly become the first political candidate in the state to have crypto campaign donations.

According to the Chicago Tribune on Wed, Kim recently received a $3 Litecoin (LTC) donation from Mark Tan, founder of T Capital Coin, an investment management outfit based in Lake Forest.

The Lake County Treasurer who is up for reelection in 2022 plans to accept Bitcoin (BTC) and many of the pop cryptocurrencies including Ether (ETH), Dogecoin (DOGE), and Dai (DAI).

For Kim, accepting crypto donations opens up a "new frontier" for back up from tech-savvy people, calculation: "It seems to be how people want to give."

Kim, a Democrat is also a crypto enthusiast and has reportedly tried to use her position as a former trustee in Mundelein to encourage cryptocurrency adoption in the village.

Given her involvement in cryptos, the self-professed "long-time netizen" has plans to hold on to the crypto donations in the expectation of a possible price accelerate in the marketplace.

Cryptocurrencies enjoyed parabolic gains at the starting time of the year in a continuation of the upward trend that began in Q4 2022. However, prices have declined significantly since May with many tokens over l% of their value.

Related: Tin can Political Fundraising Through Crypto Find Mainstream Acceptance?

Though arguably uncommon, crypto political donations are not unheard of in the United States. Indeed, the Federal Ballot Commission legalized crypto political entrada contributions as far back equally 2022.

Dorsum in June the National Republican Congressional Committee — the Republican Party's election coordinator — appear plans to brainstorm accepting crypto donations. Sometime U.S. Presidential entrant Andrew Yang also accepted crypto donations during his campaign back in 2022.

Several land and federal legislative aspirants have also accepted crypto donations, oft in a bid to spur contributions from the younger more tech-savvy demographic.